Holding(s) in Company

BAE SYSTEMS PLC
17 January 2008


TR-1:               notification of major interests in shares


1. Identity of the issuer or the underlying issuer of existing                BAE Systems plc
shares to which voting rights are attached:

2. Reason for the notification

An acquisition or disposal of voting rights                                                       Yes
An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): ________________________________________

3. Full name of person(s) subject to the notification              Capital Group International, Inc.
obligation:

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction and date on which the threshold is                 15 January 2008
crossed or reached:

6. Date on which issuer notified:                                             16 January 2008

7. Threshold(s) that is/are crossed or reached:                                      7%

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous to the Resulting situation after the triggering transaction
of shares    Triggering transaction

if possible  Number of    Number of    Number of shares      Number of voting       % of voting rights
using the    Shares       Voting                             rights
ISIN CODE                 Rights
                                       Direct   Indirect     Direct    Indirect     Direct     Indirect

Ordinary     246,487,807  246,487,807           245,475,307            245,475,307              6.9885%
Shares


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights   % of voting
instrument                           Period/ Date              that may be acquired if   rights
                                                               the instrument is
                                                               exercised/ converted.
      N/A


Total (A+B)
Number of voting rights                            % of voting rights

          245,475,307                                            6.9885%


9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable:











Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:
14. Contact name:
15. Contact telephone number:





As of 15 January 2008

BAE Systems plc
                                                                     Number of Shares     Percent of
                                                                                          outstanding

Capital Group International Inc ('CGII') holdings                        245,475,307            6.989%

Holdings by CGII Management Companies and Funds:
  • Capital Guardian Trust Company                                   150,005,433          4.271%

  • Capital International Limited                                    41,329,779           1.177%

  • Capital International, S.A.                                      16,567,056           0.472%

  • Capital International, Inc                                       37,573,039           1.070%








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